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Worldwide IT spending seen to hit $3.8tri this year: Gartner

  • USA: Tuesday, April 02 - 2013 at 08:28

IT research and consultancy firm Gartner has said global spending on information technology products and services is set to grow 4.1% in 2013 to around $3.8trn, PC World has reported. Cuts in US government spending and the ongoing debt crisis in Cyprus have caused "the fragile business and consumer sentiment throughout much of the world to persist," said Gartner analyst Richard Gordon. "However, the new shocks are expected to be short-lived, and while they may cause some pauses in discretionary spending along the way, strategic IT initiatives will continue." IT services spending will grow 4.5% to $918bn this year, while data centre systems spending is set to jump 3.7% to $146bn. Devices spending will rise 7.9% to $718bn in 2013, according to Gartner.

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